Coal prices in China drop in mid-November

While the price of coking coal dropped to 3010.7 yuan ($471.2) per ton, that of coke went down to 3243.5 yuan per ton this month. The price of ordinary mixed coal also dropped by 7 per cent to 874.3 yuan per ton in mid-November.

Out of 50 key materials required for production, prices of about 35 have dropped significantly in mid-November as compared to the start of the month. This indicates that China managed to ensure a stable supply of various essential commodities despite their prices rising globally, as per Chinese media reports.

Fibre2Fashion News Desk (KD)